Bots or Bust? Leveraging Automation During the Labor Crisis

Learning Objectives

• Discuss the labor market and hear the latest research on the impact, duration and financial outcomes of the labor crisis
• Implement technology and collaborate with payers to rethink revenue management
• Employ battle-tested research and workflows to achieve a demonstrated ROI on RCM tools and technology

Overview

The labor crisis in healthcare has come to a head, and per a recent survey from McKinsey, 40% of the US healthcare workforce has indicated they may LEAVE the industry by 2025. Financial outcomes of short staffing are detrimental to cash flow and overall financial success. Innovative hospitals have reevaluated their revenue management strategy and partnered with technology companies to adapt during these challenging times.

Consolidating vendor costs, automating workflows and leveraging the latest technology are a few strategies that will be shared in this session. Successful organizations have transformed their operations to meet the challenges of the new healthcare economy. Hear from industry leaders as they talk through REAL applications of technology and automation where they delivered automation and stopped the pain.